Rumble Inc. (NASDAQ:RUMBW) Short Interest Update

Rumble Inc. (NASDAQ:RUMBW) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 5,957 shares, a drop of 45.5% from the January 29th total of 10,932 shares. Based on an average trading volume of 10,942 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 10,942 shares, the short-interest ratio is presently 0.5 days.

Rumble Stock Performance

Rumble stock traded down $0.09 during trading hours on Friday, reaching $1.39. 10,977 shares of the company’s stock traded hands, compared to its average volume of 12,866. Rumble has a fifty-two week low of $1.25 and a fifty-two week high of $4.25. The firm’s 50 day moving average is $1.76 and its 200-day moving average is $2.02.

Rumble Company Profile

Rumble is a video technology company that operates a global online video platform designed to empower content creators and offer an alternative to traditional streaming services. The platform enables users to upload, host, distribute and monetize video content across a range of categories, including news, sports, politics, lifestyle and entertainment. Through an ad‐revenue sharing model and licensing agreements, Rumble provides creators with tools to generate income from their original work while retaining rights to their content.

In addition to its core video hosting service, Rumble offers enterprise‐grade solutions such as Rumble Cloud, a white-label video-streaming service for media companies and organizations seeking to deploy branded video platforms.